Enigmatec Announces $12.5 Million in Series C Funding

Enigmatec Corporation Limited, the award-winning leader in
enterprise IT Process Automation ("Run Book Automation" or RBA)
solutions, today announced it has attracted $12.5 million (GBP 6.25
million) in series 'C' financing. The latest funding round included
current investors Amadeus Capital Partners and Pentech Ventures, with
additional participation from Herald Ventures and Kevin Lomax,
formerly the executive Chairman of Misys, who also joins Enigmatec's
board of directors as Executive Chairman. Enigmatec will use the funds
to continue expansion of its global sales force and to build out the
capabilities of its IT process automation software products and
solutions. The additional funding brings the total raised by Enigmatec
to $30 million.

"We are excited to be a part of this exciting phase in Enigmatec's
growth," said Taymour Ezzat of Herald Ventures. "The demand for
automation solutions to reduce the cost and complexity of managing
large enterprise IT environments is exploding. Enigmatec's powerful
technology platform, enterprise-class scalability and performance, and
international presence have positioned them as a leader in this
rapidly expanding market. We are committed to Enigmatec's vision of
delivering the automation solutions that will power the next
generation data centre."

"Automating IT management processes is a key objective for IT
executives focused on driving down the costs and reducing the
complexity of IT operations," said David Williams, Research VP at
Gartner. "Many tools provide aspects of IT operations automation;
however, only RBA tools provide the ability to mix both automation and
manual process steps, orchestrate IT operations process, provide
process templates and integrate with a wide range of IT operations
tools in support of the process."(1)

Enigmatec's flagship automation platform, the Execution Management
System(TM) (EMS(TM)), allows IT operators to automate, orchestrate,
and integrate the multitude of processes and tools they use today to
configure, support and allocate IT resources. Today's IT environments
are changing rapidly, with new demands brought on by space and power
concerns, the rapid uptake of virtualization technologies, and
ever-increasing demands for higher service levels. With Enigmatec's
solutions, IT operations teams can eliminate the manual, error-prone
IT management processes of the past, and benefit from automated
procedures for IT resource management. Enigmatec's global enterprise
customers have deployed EMS to solve many IT challenges, including
virtual environment management, user/desktop automation, change and
configuration process automation, and high availability / disaster
recovery.

"Enigmatec has a unique technology architecture, a strong focus on
enterprise-class solutions, and a proven record of delivering command
and control to the enterprise data centre," said Kevin Lomax, who
brings to the company over 20 years of expertise. Mr Lomax was a
founding investor and led the growth of Misys into one of the world's
largest and longest established software companies. Misys is a leading
international supplier of banking, treasury, capital markets and
healthcare technology. "The market opportunity for run book automation
is growing rapidly, and Enigmatec is positioned to be the leader in
this exciting new technology field. I am pleased to be joining the
team at Enigmatec."

About Enigmatec Corporation Limited

Enigmatec is a leader in run book automation and virtual
environment management solutions for today's on-demand enterprise IT
environments. Our award-winning Execution Management System (EMS) and
Enigmatec Virtual Orchestrator (EVO) reduce IT operations costs and
improve service levels through the intelligent automation of IT
processes. Enigmatec unleashes the power of leading systems
management, virtualization and provisioning solutions by dramatically
reducing the labor costs required to operate them. Our global
customers rely on Enigmatec as a foundation technology for the next
generation data center. Founded in 2002, Enigmatec is a privately held
software company with offices in London, New York, and Silicon Valley.
Investors include Amadeus Capital Partners, Pentech Ventures, Herald
Ventures, and Intel Capital. For more information please visit
www.enigmatec.com.

(1) David Williams, "Toolkit: How IT Operations Can Justify the
Cost of Run Book Automation," Gartner, Inc. (4 April 2007), 1-2.